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Can it be done: find 2 parties to share use of apartment?

8 years ago
Okay, tell me the what could happen here, bad and good, if there is any.

I have been renting a studio apartment in Negril for 7 years. It is a good place for many reasons. But I am no longer on the idea of living in Jamaica as I found a place in Florida and that's where I am going to be 7-9 months of the year. I also travel to another state in the summer months.

I don't feel ready to give up the studio, it is still the main place I want to stay when I come to Jamaica. But its really on my mind and I want to lessen the mental concerns. I also don't like it to sit empty for so much time either. Buildings do best when someone lives in them. Also its good for it to get cleaned up regularly

I was thinking of looking for 1-2 different parties (maximum 2 people per party) to share use of the apartment. Each party would commit in advance, to rent for 3-6 months of the year. Their stays could be broken up but a minimum of 30 days at a time. We'd adjust our schedules where possible so all parties get their desired time. I'd want people like me, not too fussy, care about the place to look after it almost like their own.

I would move out my personal stuff and just leave functional basics: bedding, dishes/cookware, cleaning supplies.

Its not a fancy place; the kitchen and bathroom are rudimentary. Furnishings basic. (the bed is NEW and firm) But the location, space, balconies, known neighborhood etc. make it a real gem for the right person/people.

What do you think, could I find responsible people, could there be any peace in a deal like this or only more to worry about?

Universal Tax Professionals
Universal Tax Professionals
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Universal Tax Professionals
Universal Tax Professionals

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